In the month of January, price improved contracts on BOX Options Exchange (“BOX”) averaged 318,067 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $167,614 per day, while total savings to investors this month were $3.35 MM. With this, BOX has saved investors over $373 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of January was 590,947 contracts.
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